KGT PARK: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
KGT PARK
Largest movements
- Cash -€10,926
down €10,926 (-14.0%), from €77,921 to €66,995
mainly Net result for the year (-€9,692) and Trade debts (-€3,027)
- Receivables within one year -€3,585
down €3,585 (-57.6%), from €6,222 to €2,637
- Tangible fixed assets +€1,617
up €1,617 (+285%), from €567 to €2,183
- Stocks and contracts +€1,505
new in 2025: €1,505
- Profit (loss) carried forward -€9,692
down €9,692 (-16.3%), from €59,285 to €49,593
- Trade debts -€3,027
down €3,027 (-16.2%), from €18,650 to €15,623
- Other debts +€1,330
new in 2025: €1,330
- Taxes -€9,349
down €9,349 (-67.9%), from €13,776 to €4,427
- Gross operating margin +€1,958
up €1,958 (+65.0%), from -€3,011 to -€1,053
- Other operating charges -€1,177
down €1,177 (-23.7%), from €4,959 to €3,783
- Financial charges -€125
down €125 (-46.0%), from €271 to €146
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €84,710 | €73,321 | -€11,388 | -13.4% |
| Fixed assets | 21/28 | €567 | €2,183 | +€1,617 | +285% |
| Tangible fixed assets | 22/27 | €567 | €2,183 | +€1,617 | +285% |
| Furniture and vehicles | 24 | €567 | €2,183 | +€1,617 | +285% |
| Current assets | 29/58 | €84,143 | €71,138 | -€13,005 | -15.5% |
| Stocks and contracts in progress | 3 | - | €1,505 | +€1,505 | |
| Stocks | 30/36 | - | €1,505 | +€1,505 | |
| Amounts receivable within one year | 40/41 | €6,222 | €2,637 | -€3,585 | -57.6% |
| Other amounts receivable | 41 | €6,222 | €2,637 | -€3,585 | -57.6% |
| Cash at bank and in hand | 54/58 | €77,921 | €66,995 | -€10,926 | -14.0% |
| Total equity and liabilities | 10/49 | €84,710 | €73,321 | -€11,388 | -13.4% |
| Equity | 10/15 | €65,485 | €55,793 | -€9,692 | -14.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,285 | €49,593 | -€9,692 | -16.3% |
| Amounts payable | 17/49 | €19,225 | €17,528 | -€1,697 | -8.8% |
| Amounts payable within one year | 42/48 | €19,225 | €17,528 | -€1,697 | -8.8% |
| Financial debts | 43 | €575 | €575 | = | 0.0% |
| Credit institutions | 430/8 | €575 | €575 | = | 0.0% |
| Trade debts | 44 | €18,650 | €15,623 | -€3,027 | -16.2% |
| Suppliers | 440/4 | €18,650 | €15,623 | -€3,027 | -16.2% |
| Other amounts payable | 47/48 | - | €1,330 | +€1,330 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €283 | €283 | = | 0.0% |
| Other operating charges | 640/8 | €4,959 | €3,783 | -€1,177 | -23.7% |
| Gross operating margin | 9900 | -€3,011 | -€1,053 | +€1,958 | +65.0% |
| Operating profit (loss) | 9901 | -€8,254 | -€5,119 | +€3,135 | +38.0% |
| Financial income | 75/76B | €0 | €1 | +€0 | +544% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +544% |
| Financial charges | 65/66B | €271 | €146 | -€125 | -46.0% |
| Recurring financial charges | 65 | €271 | €146 | -€125 | -46.0% |
| Profit (loss) for the period before taxes | 9903 | -€8,525 | -€5,265 | +€3,260 | +38.2% |
| Income taxes | 67/77 | €13,776 | €4,427 | -€9,349 | -67.9% |
| Profit (loss) for the period | 9904 | -€22,301 | -€9,692 | +€12,609 | +56.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,301 | -€9,692 | +€12,609 | +56.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.